deposits
69 articole · RSS
Banks paid 329m euros in Q1 for deposits attracted from shareholders
Local banks paid 393 million euros in the first quarter of the year for deposits attracted from foreigners, mainly from shareholders, reveal data from the NBR (National Bank of Romania).
Greek banks begin interest battle over clients’ money again
Greek-held local banks are back in the game with “attractive” interests on deposits in both RON and euros in an attempt to raise as much cash from local clients as possible, given that the i...
Why some banks pay high interests on deposits when RON are cheap on the market
Those who look at bank's offers for RON-denominated deposits can easily find interests of 8% and even 9% a year, especially from small players, although on the inter-bank monetary market int...
NBR has 11bn-euro deposits with foreign banks
The Romanian National Bank holds around 11 billion euros in deposits with foreign banks, generally central banks of sound economies, namely around one third of its total foreign reserves.
Romanians start to prefer RON over foreign currency for deposits
Romanians' foreign currency deposits rose by 16.9% in euros in the past year, reaching 9.1 billion euros at the end of January (35.5 billion RON), according to data from the NBR (National Ba...
Interest rates on deposits fall by 50%
Bankers have cut interest rates on RON deposits faster than credit interest rates because the level of liquidity has improved on the market and because they need higher profit margins to cov...
RBS's plan under new boss: attracting deposits
Changing focus from the rise of assets to that of liabilities, and promoting Romanian managers are the main priorities for Belgian-born Johan Gabriels at the beginning of his term, after he...
Bankers preserve their profit margins despite the apparent battle for deposits
Major banks managed to improve their net interest income in the first nine months of this year despite the tight competition on the segment of deposits.
BCR cuts interests on deposits again
BCR, the biggest bank on the Romanian market, has cut interests on deposits in RON by around half a percentage point, with the biggest deposit interest now amounting to 8.5% a year and only...